How do I deposit funds into my account at Kensington Capital?
You can fund your account in any of the following ways:
- Deposit a Check
- Deposit via Wire Transfer or ACH
- Transfer a Brokerage Account to Kensington Capital
How do I transfer my brokerage account to Kensington Capital from another broker?
1. First, open an account with Kensington Capital.
2. Once your account is opened, you will be able to transfer an account from another brokerage through our ACAT system. Please see our forms library.
Are there any restrictions on funds deposited into my account with Kensington Capital?
Yes. You may trade most marginable securities immediately after funds are deposited into your account, however, funds cannot be withdrawn or used to purchase non-marginable securities, initial public offering (IPO) stocks or options until 3 business days after check deposit settlement and three business days for electronic funding deposit settlement. All electronic deposits are subject to review and may be restricted for 5 business days. Read Funding Restrictions for more information.